World’s Topmost Producers of Crude Steel in January

China accounted for over 48% of the world production in Jan ‘18. However, the Chinese output declined marginally by 0.9% during the month.

SEATTLE (Scrap Monster): The crude steel output by 64 world countries reporting to the World Steel Association (worldsteel) edged higher marginally during the first month of the current year, despite reduced output from China-the world’s largest crude steel producer. It must be noted that the above 64 countries had accounted for 99% of the world crude steel production in 2017.